Oracle announced the unanimous election of Dr. Tomislav Mihaljevic, CEO and President of Cleveland Clinic, to its Board of Directors. The appointment increases the size of the board to 13 members and brings deep healthcare industry expertise to the company.

Key Details

  • Appointment: Dr. Tomislav Mihaljevic was elected to the Board of Directors, effective May 6, 2026.
  • Background: Dr. Mihaljevic has served as the CEO and President of Cleveland Clinic, a global integrated healthcare system, since January 2018.
  • Compensation: He will receive standard cash and equity compensation for Oracle's non-employee directors, including a grant of restricted stock units (RSUs) on May 31, 2026, which will fully vest after one year of service.